Green Data Center Market is growing Rapidly

(I-SoftwareNews.Com, November 11, 2016 ) MarketsandMarkets broadly segments the Green Data Center market by solutions: server, networking, power, cooling, management software, and green solutions; by services being offered: system integration, monitoring services, and professional; by industry verticals: Banking & Financial Services and Insurance (BFSI), telecom and IT, healthcare, government and public and other verticals; by type of users: cloud providers, colocation providers, and enterprises; and by regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).

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In the present scenario, data center managers have to tackle with increasing power consumptions, in order to reduce operational cost to the company. With enormous increase in the demand for data centers, power consumption associated with them is also rising, thus creating a critical demand for low power consuming techniques. Also, with harsh environment laws imposed by the government and in order to get economic benefits for being an energy conscious organization, there is an increase in the efficient infrastructure spending.

MarketsandMarkets forecasts the green data center market to grow from $22.76 billion in 2014 to $75.89 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 27.2%. Among regions, APAC is expected to show the highest growth pace but NA is expected to remain the largest market holder in the forecast period.

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Green Data Center Market is growing Rapidly